The AdvisorShares Cambria Global Tactical Asset Allocation ETF (GTAA) is one interesting combination of the asset allocationstrategy with another recent phenomenon, the actively managed ETF.
As part of a bond investing strategy one should seek to switch out of a high allocationof bonds and into stocks when the stock market reaches a capitulation phase.
According to the Jefferson National survey, advisors reported that 66 percent of their clients were more confident with a tactical asset allocationstrategy than a buy-and-hold strategy.
The characteristics of an equity portfolio can be customized to complement an overall asset allocationstrategy in meeting long-term return and risk objectives.